Malaysian Prime Minister Anwar Ibrahim this year stated that the government is considering formulating policies to officially recognize the status of cryptocurrencies and blockchain technology in Malaysia. He emphasized that digital financial development is rapid, and Malaysia must accelerate its pace to avoid being left behind in the old financial system. Five licensed digital banks, including GX Bank, Aeon Bank, etc., will be fully launched by 2025.

November 5 Cryptocurrency Market Analysis shows Bitcoin priced at $102,121, with a low of $98,951. The Fear and Greed Index is at 23 points, indicating an "Extreme Fear" stage, and investor confidence is relatively low. In altcoins, GX increased by 43.33%, and NANO rose by 33.89%. Institutional investment continues, with publicly traded companies holding over 1 million coins, and ETH spot volume surpasses BTC volume.